Manufacturing · automotive supply · £25m–£50m turnover
Going-concern warning, lender debt
- Date
- Dec 2025
- Lead time
- No fixed date
Evidence
There is a material uncertainty over going concern: a loss of about £7m, with current liabilities some £14m above current assets. The business has about £24m of borrowings, some £9m of them due within a year, and net liabilities of about £11m. Its next annual results are due by 31 December 2026.
Why it qualifies
Turnover of £25m–£50m and borrowings of £20m–£30m, both inside our ranges. A UK manufacturer, active and not in an insolvency process, with results made up within the last 18 months when it was checked.